Stock Market : This week, the local stock market experienced varied trading with typical levels of buying and selling. During the 5-day trading week, the Sensex recorded an increase of 0.71 percent or 576.41 points, while the Nifty saw a rise of 0.42 percent or 104.35 points.
Throughout this week, numerous companies experienced significant share volatility attributed to a variety of news, including corporate activities. In this scenario, the business week beginning on Monday (16 December) will be crucial for investors, who will have numerous chances to profit in the upcoming week. In the coming week, investors are expected to focus on PC Jeweller, Linc, Sky Gold (Sky Gold), Sacheta Metals (Sacheta Metals), and various other small and large companies, as these firms will have shares trading with the record date for dividends, bonus shares, and stock splits.
Some of these stocks can be attractive
As per BSE data, Sacheta Metals, Styronix Performance Materials, and Bambino Agro Industries will attract attention because of dividends. Sky Gold, Rajeshwari Cans, and Bharat Seats will attract investor attention because of their bonus equity share declarations. In the meantime, the market will monitor the connection between bonus shares and stock splits. In addition to this, Shish Industries and PC Jeweller will attract attention because of their stock split announcements.
Will attract the attention of investors
The firm will attract the attention of investors due to two distinct corporate actions. The company will provide bonus shares in addition to a stock split. As per the exchange filing, every equity share valued at Rs 10 will be split into 2 equity shares each valued at Rs 5. That is, the stock will divide in the ratio of 1:1. In addition to this, the company has sanctioned the bonus distribution at a ratio of 1:1.
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